Edit magi-minerd.sh in case you need to change something, and "--threads 1" to change the number of threads

Code:

./magi-minerd.sh

to run the miner.

If I set up a Digital Ocean VPS using these settings and run the miner will it start mining when the timer hits 0? Also what should I do in regards to the threads? I am planing on renting a 12 core server for as long as I can afford.

If I set up a Digital Ocean VPS using these settings and run the miner will it start mining when the timer hits 0? Also what should I do in regards to the threads? I am planing on renting a 12 core server for as long as I can afford.

No, the wallet source / compiled wallets will not be made available until the timer hits zero. So You will need to follow this process AFTER they are released (check github now and you'll see the source in those instructions is not available)

As for threads, start with 12 and see how you go. If you're just using a single machine like this you should be fine with 12.